Diageo Stock Rises 7.5% in a Month: Buy or Wait for a Pullback?

Diageo plc’s (DEO) recent stock performance reflects strong investor confidence in its fundamentals and strategic initiatives. The company’s shares have seen a 7.5% improvement in the past month, outpacing the industry’s 5.7% increase, the Consumer Staples sector’s 2.3% growth and the S&P 500’s 2.9% increase, suggesting resilience in a challenging market environment.DEO Stock's Price Performance In the Past MonthImage Source: Zacks Investment ResearchThis upward momentum can be attributed to several key dri ...